Tag

Direct To Consumer Sales

All articles tagged with #direct to consumer sales

business2 years ago•1 min saved

Levi's CEO Blames Hot Summer for Soft Denim Sales, Cuts Full-Year Forecast

Levi Strauss CEO Chip Bergh attributes the softness in denim wholesale figures to the historically hot summer, stating that it's difficult to sell jeans when it's 110 degrees outside. However, the company's direct-to-consumer business performed better, with its own stores offering weather-appropriate products like shorts and dresses. Levi's cut its profit outlook for the year due to a drop in wholesale revenues, but remains cautiously optimistic for the holiday season despite the tough economic environment.

via CNBC|

#business #denim-sales #direct-to-consumer-sales

entertainment2 years ago•2 min saved

Design Your Own Funko Pop Figurine at the New Store

Funko, the popular maker of Pop figurines, is now offering a new feature called Pop! Yourself, which allows customers to design a Pop figure in their own image. The online customization tool lets users choose their skin tone, hairstyle, clothes, accessories, and even add a pet. Each figurine costs $30 and will be shipped to the customer. Funko plans to expand the options for Pop! Yourself creators, including sports logos and cosplay costumes. The company hopes this direct-to-consumer initiative, along with other cost reduction measures, will help it rebound in 2024.

via USA TODAY|

#collectibles #customization #direct-to-consumer-sales

business2 years ago•2 min saved

DeSantis Allows Tesla Direct-To-Consumer Car Sales, Blocks Others

Florida Governor Ron DeSantis has signed a new law that blocks automakers from selling vehicles directly to consumers, but the law doesn't apply to companies that don't have franchise agreements in place. This gives an advantage to EV brands like Tesla, which can sell directly to buyers without a middleman, while legacy automakers will have to sell through dealerships. The law also prevents automakers from forcing franchise dealers to sell vehicles at a specific price and requires manufacturers to maintain vehicle allocations to dealerships consistent with previous levels.

via InsideEVs |

#automakers #business #dealerships

environment2 years ago•8 min saved

The Challenges of Purchasing an Electric Vehicle in the US

Two-thirds of US car dealerships surveyed by the Sierra Club did not have any battery electric or plug-in hybrids for sale in 2022, new or used. The largest bottleneck is with the manufacturers themselves, with shortfalls in semiconductor and battery production preventing manufacturers from making enough electrics to meet demand. The structure of the car sales model can put dealers, manufacturers, and customers at odds since the economics of EVs can disrupt the business model for dealerships. With the rise of all-electric carmakers like Tesla and Rivian, there’s a push for car companies to sell their vehicles directly to customers without the middleman.

via Vox.com|

#car-dealerships #climate-change #direct-to-consumer-sales